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SAP Launches New Sustainability Solutions in the Cloud to Help Ensure Product Safety
Cloud Collaboration Network and Content Service Help Manufacturers Accelerate Compliance With Environmental Regulations and Bring Products to Market More Quickly
By: PR Newswire
Nov. 5, 2012 09:01 AM
WALLDORF, Germany, Nov. 5, 2012 /PRNewswire/ -- To build a foundation for sustainable growth, manufacturers must simultaneously ensure products are safe and compliant with complex, varied environmental regulations. Bringing together its cloud leadership and footprint with manufacturers worldwide, today SAP AG (NYSE: SAP) announced two new cloud-based sustainability solutions to help customers more easily handle these challenges. First, SAP® Product Stewardship Network allows manufacturers to collaborate with suppliers and collect detailed information about the substances that make up their products. Second, SAP introduced SAP® EHS Regulatory Documentation OnDemand, a content service to manage the often painstaking and expensive process of creating regulatory documentation.
"Connecting to our ecosystem in the cloud will reduce costs and increase productivity for our employees and supply chain partners," said Torger Trenner, environmental manager, The Weidmüller Group. "We create more than 40,000 distinct products and components for industrial connectivity and have a business presence in over 80 countries. We constantly get requests from customers for detailed product information. Our business relationships depend on getting the answer quickly and correctly. That's why we decided to help SAP's development of the product stewardship network. It will enable everyone in the supply chain to enter and maintain their own information. This will help us — and all participating companies worldwide — amass and provide the information needed much faster and more efficiently."
To comply with constantly evolving environmental regulations like Registration, Evaluation, Authorization and Restriction of Chemical substances (REACH) and Restrictions of Hazardous Substances (ROHS), companies need to know exactly what chemical substances are in the raw materials, components and products that they purchase from suppliers. They must also declare those substances and tell people how to handle them safely. SAP Product Stewardship Network and SAP EHS Regulatory Documentation OnDemand help solve these problems. Both products leverage the power and flexibility of a hybrid cloud and on-premise model to collaborate, collect, analyze and disseminate product information from disparate sources.
SAP Product Stewardship Network: Manufacturers and Suppliers Collaborate in the Cloud
For example, a high-tech company that wants to bring new products to market must ensure environmental compliance by assessing each component against a constantly growing list of regulated substances so they can be properly disclosed. This currently requires thousands of emails across the supply chain; it is still a manual, time-consuming process. Delays can result in loss of revenue and risk proper compliance.
SAP Product Steward Network allows suppliers and manufacturers to collaborate immediately. They can quickly work together to make the appropriate disclosures, find the right substitutes or adapt product designs quickly based on available, compliant materials. By connecting suppliers in a cloud-based network, companies can easily exchange compliance and material data. New product information can be uploaded once and updated across the cloud so all participants in the network can immediately view and act on it. The offering also works with SAP® Business Suite software and takes advantage of all on-premise data it contains.
New On-Demand Content Service for Product Safety Documents
By networking with the customer's on-premise EHS solution, the content service from SAP takes the customers' product data, generates country-specific data sheets and labels in the cloud and then delivers the documents back to the customer. Keeping current with changes in global regulations, SAP estimates that the content service can decrease ongoing safety data sheet costs by up to 50 percent and free up precious resources to focus on more strategic projects.
"SAP uniquely can offer customers a powerful hybrid model that helps drive down costs of compliance while freeing up resources to focus on what matters most — strategic innovation," said Peter Maier, senior vice president, Energy and Natural Resources Solutions, SAP. "Our product safety solutions already touch 5 trillion dollars of all the world's manufactured goods. With so many customers across the supply chain already using SAP — and the strength of our combined cloud and on-premise strategy — we are playing a central role in creating a global business network that lets companies collaborate to run better and protect the triple bottom line."
For more information, visit the SAP Newsroom.
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Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2012 by SAP AG. All rights reserved.
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